Mrs. Rajlaxmi is working as the Human Resource Consultant in a firm manufacturing cosmetic, which is facing a problem of high employess turnover. The CEO of the campany has invited suggestios from her for retining the talented employees & reducing the employee turnover. Mrs. Rajlaxmi reccommens that the good employees be reawred in a way that it creates a feeling of ownership among the employees and that the same time makes them contribute towards the growth of the orgaanization
(a) Identify the incentive and explain its type, which has been suggested by Mr. Rajlaxmi to the CEO of the contribute
(b) Also explain any two other incentives of the same type

Explanation

(a) Financial incentive
Co-Partnership/Stock Option
(b) Other financial incentives (any two) :
Productivity linked wage incentives
Bonus
Profite sharing
Retirement Benefits
Prequisties